November 15, 2019
Brazil's Petrobras said it has started the binding phase on the sale of the Cupiúba and Carapanaúba onshore concessions in the state of Amazonas.
The state-owned oil company owns 100% of the two oilfields and announced plans to sell them in September. It now sent requests for offers to qualified bidders, it said in a statement.
The Cupiúba and Carapanaúba cluster produced an average of 81 barrels per day of oil and 82,000 square meters per day of natural gas in 2018, according to Petrobras.
Brazil's state-owned oil company opens the binding phase for two onshore concessions